'Estate in expectancy' definitions:
Definition of 'Estate in expectancy'
From: GCIDE
- Expectance \Ex*pect"ance\, Expectancy \Ex*pect"an*cy\, n.
- 1. The act of expecting; expectation. --Milton. [1913 Webster]
- 2. That which is expected, or looked or waited for with interest; the object of expectation or hope. [1913 Webster]
- The expectancy and rose of the fair state. --Shak. [1913 Webster]
- Estate in expectancy (Law), one the possession of which a person is entitled to have at some future time, either as a remainder or reversion, or on the death of some one. --Burrill. [1913 Webster]